Everyone wants to own a property, but it’s a difficult financial decision to make. Buyers frequently seek the advice of multiple persons, which leads to confusion and the spread of rumours and misconceptions. Noida Extension, also known as Greater Noida West, is a rapidly developing area located in the outskirts of Delhi, India. With its strategic location, affordable housing options, and improved infrastructure, Noida Extension has become a sought-after destination for homebuyers. However, there are several misconceptions surrounding residential property in this region. We’ve compiled a list of 10 common misunderstandings regarding real estate since we’re aware of how quickly they’re spreading.
1. Lack of Connectivity:
One of the most persistent misconceptions about Noida Extension is its perceived lack of connectivity. However, the area is well-connected to major transportation networks. It has easy access to the Delhi-Meerut Expressway, Yamuna Expressway, and the upcoming metro link, which will further enhance connectivity with the rest of Delhi-NCR.
2. Delayed Project Deliveries:
Noida Extension faced some delays in project deliveries in the past, which contributed to the negative perception. However, the authorities have taken measures to resolve these issues. The majority of ongoing projects are progressing smoothly, and developers are adhering to timelines, ensuring timely delivery of residential units.
3. Limited Amenities:
Some potential buyers believe that Noida Extension lacks essential amenities such as schools, hospitals, shopping centers, and recreational facilities. On the contrary, the area has witnessed significant infrastructural development in recent years. It now boasts reputed schools, world-class hospitals, shopping malls, and ample green spaces for recreational activities.
4. Quality Of Construction:
Another common misconception is related to the quality of construction in Noida Extension. While a few projects may have faced quality issues in the past, it is important to note that the real estate sector has evolved significantly. Many renowned developers have entered the market, ensuring adherence to high-quality construction standards and building codes.
5. Water And Power Supply Issues:
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6. Lack Of Green Spaces:
Some perceive Noida Extension as a concrete jungle devoid of green spaces. Contrary to this belief, the area has ample parks, gardens, and open spaces for recreational activities. Several residential projects are designed with landscaped gardens, jogging tracks, and play areas, providing residents with a healthy and eco-friendly living environment.
7. Safety and Security:
Security concerns often arise when considering residential property in Noida Extension. However, the area has witnessed significant improvement in terms of safety and security measures. Gated communities, CCTV surveillance, and round-the-clock security personnel ensure a secure living environment for residents.
8. Investment Potential:
There is a misconception that investing in residential property in Noida Extension may not yield favourable returns. However, due to the rapid development and improving infrastructure, property prices have shown steady appreciation over the years. With the projected growth of the area, it presents a promising investment opportunity.
9. Lack of Social Infrastructure:
Some individuals believe that Noida Extension lacks social infrastructure, such as educational institutions and healthcare facilities. However, the area has witnessed a surge in the establishment of schools, colleges, and hospitals. Renowned educational and medical institutions have set up campuses, catering to the needs of residents.
10. Poor Connectivity to Employment Hubs:
Another misconception is that Noida Extension lacks connectivity to major employment hubs in Delhi-NCR. While it is true that the area is a residential hub, it is well-connected to neighbouring industrial and business centres. The presence of the Noida-Greater Noida Expressway and upcoming metro
Conclusion:
As Noida Extension continues to evolve and grow, it is important to dispel the common misconceptions surrounding residential property in the region. With improved connectivity, better infrastructure, enhanced amenities, and a focus on timely project deliveries, Noida Extension has emerged as an attractive destination for homebuyers and investors alike. By understanding the ground realities and dispelling the misconceptions, potential buyers can make well-informed decisions regarding residential property in Noida Extension.
Frequently Asked Questions
The best area in Noida extension is subjective and depends on individual preferences. However, popular areas known for their residential and commercial developments include Sector 1, Sector 4, Greater Noida West, and Gaur CitySector-4, Noida Extension, Sector 16B, Noida Extension, Sector 10, Noida Extension, Sector 1, Noida Extension.
The preference between Greater Noida and Noida Extension depends on individual needs. Greater Noida offers a well-established infrastructure and amenities, while Noida Extension provides newer and more affordable housing options. It\’s important to consider factors such as location, connectivity, and personal preferences before making a decision.
The maximum number of floors allowed in Noida varies depending on the specific regulations and zoning of each area. However, in general, high-rise buildings in Noida can have up to 24 to 30 floors or more, subject to approval from the appropriate authorities.
No, floor-wise registration is not allowed in Noida. Noida follows a unit-wise registration system, where each individual unit within a building, such as an apartment or a flat, needs to be registered separately.
